408 sq feet House for Auction in Rajnandgaon – PNB

Property Details

Property type

House (Residential)

Possession

Symbolic Possession

Area

408 sq feet (≈ 408 sq ft)

Reserve price / sq ft

₹2,821

Locality

—

City

Rajnandgaon

State

Chhattisgarh

Pincode

491441

Address

Rajnandgaon, Chhattisgarh, 491441 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

Punjab National Bank

Branch

BRANCH - CIRCLE OFFICE RAIPUR

Auction type

SARFAESI Auction

Borrower

Alok K**** B*****

Auction start

27 Oct 2026, 11:00 AM

Auction end

27 Oct 2026, 04:00 PM

EMD submission deadline

27 Oct 2026, 03:00 PM

Inspection

26 Oct 2026, 11:00 AM – 26 Oct 2026, 03:00 PM

Authorised officer

SAKET SAURABH

Officer contact

7903681961

E-auction portal

BAANKNET (Property ID PUNBABA38095923)

Price Check

This listing's reserve price works out to ₹2,821 per sq ft. The average across residential bank auctions in Rajnandgaon on our site is ₹2,485 per sq ft, so this one is 14% above that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 26 Oct 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID PUNBABA38095923)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 27 Oct 2026, 03:00 PM. It is refunded if you don't win.
5. Bid online on 27 Oct 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.